Pressure continues on Junior Market

Trading on the Junior Market ended on Friday with prices of 15 securities advanced, 13 declined and 4 remained unchanged. The Junior Market Index declined by 10.36 points to close at 3,160.49.
The market closed with 33 securities changing hands, resulting in an exchange of 2,690,069 units valued at $8,684,726 compared to 10,271,447 units for $27,200,810 from 33 securities on Thursday. The average PE Ratio of the market ended at 13.6 based on earnings for 2019.
Trading ended with an average of 81,517 units at $263,174 for each security, in contrast to 311,256 units, for an average of $824,267 on Thursday. The average volume and value for the month to date amounts to 160,209 units amounting to $589,682 and previously 165,393 units costing $611,189. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial fell $1.40 in trading 4,312 units at $30.50, AMG Packaging climbed 4 cents and exchanged 500 shares at $2.08, Blue Power closed 5 cents higher at $4.20, with 10,292 stock units changing hands. Caribbean Cream ended market activity exchanging 17,916 shares to close at $4 after falling 10 cents, Caribbean Producers closed trading of 186,519 units and gained 1 cent to end at $5, Derrimon Trading climbed 29 cents and exchanged 125,226 shares at $2.50. Everything Fresh traded 431,669 shares, after rising 3 cents to end at $1.04, Express Catering declined 3 cents in trading of 43,873 units at $6.08, Fontana dipped 10 cents in exchanging of 142,186 units at $7. Fosrich ended with a loss of 1 cent at $4.49 with 76,788 stock units changing hands, General Accident shed 98 cents in swapping of 82,339 units at $6.01, GWest Corporation declined 3 cents trading 213,682 units at $1. Honey Bun climbed 17 cents after exchanging 33,378 shares to close at $8.67, iCreate swapped 13,145 shares, after rising 9 cents to end at 79 cents. Indies Pharma shed 2 cents with 126,233 units changing hands at $2.90, Iron Rock Insurance climbed 49 cents and exchanged 15,100 shares at $3.99, Jetcon Corporation closed 15 cents higher at $1.55, with 10,500 stock units trading. Key Insurance closed 69 cents higher at $3.79, with 102,403 stock units changing hands, Knutsford Express closed 85 cents higher at $10.20, with 3,574 stock units trading, Lasco Distributors shed 4 cents in transferring of 96,444 units at $3.16. Lasco Financial ended market activity, with 45,874 shares changing hands to close at $3.96 after falling 6 cents, Lasco Manufacturing shed 15 cents in trading of 74,364 units at $4.15. Limners and Bards ended with 31,893 shares, crossing the exchange after rising 2 cents to end at $2.90, Lumber Depot gained 1 to end at $1.63, in trading 231,475 shares, MailPac ended with a loss of 1 cent at 2.13 with 420,737 stock units changing hands, Main Event fell 4 cents in trading 5,940 units at $6.06. Medical Disposables closed market activity with 45,797 units and gained 75 cents to end at $7.50, SSL Venture dipped 16 cents in trading of 1,900 units at $1.08 and tTech closed with 100 units changing hands and gained 40 cents to end at $6.

Prices of securities trading for the day are those at which the last trade took place.

TTSE closed week with gains on Friday

First Citizens Bank closed at 52 weeks’ high on Friday.

The Trinidad & Tobago Stock Exchange closed on Friday with gains in the market indices as more stocks rose than declined.
Trading resulted in an exchange of 403,858 shares, for a sum of $5,540,178 compared to 225,598 shares, amounting to $3,601,556 on Thursday.
The market closed on Friday with 18 securities trading, compared to 11 on Thursday, with eight gaining, four declining as the prices of six closed unchanged. Two stocks closed at 52 weeks’ high and one at 52 weeks’ low.
The T&T Composite Index rose 3.76 points to 1,490.04. The All T&T Index gained 3.87 points to 1,892.47, while the Cross Listed Index added 0.50 points to close at 147.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling prices and two with lower offers.
Gains| Clico Investments closed with a gain of 25 cents at $28.50, with 106,891 units trading, First Caribbean International Bank gained 5 cents and settled at $7.90, with 506 units changing hands, First Citizens Bank finished trading of 700 shares after rising 10 cents to end at a 52 weeks’ high of $46.10. Grace Kennedy closed with an increase of 5 cents and closed at $3.95, with 26,017 units changing hands, Guardian Holdings rose 48 cents and settled at $21.99, after exchanging 8,960 shares, JMMB Group ended trading of 157,602 shares with a gain of 4 cents at $2.70. Massy Holdings rose 48 cents and ended at $61.99, with 9,025 units changing hands and Republic Financial added 49 cents and ended at a 52 weeks’ high of $136.50, after exchanging just 50 shares.
Losses| Scotiabank lost 1 cent and completed trading of 2,347 units at $61.99, Trinidad & Tobago NGL lost 60 cents in trading 16,246 shares and closed at $21. West Indian Tobacco ended trading with 1,120 units and lost 35 cents to settle at $40.65 and Unilever Caribbean shares fell 15 cents to $22 in swapping 2,853 shares.
Firm Trades| Angostura Holdings completed trading of 1,000 stock units at $16.17, CinemaOne ended at $5.75, after exchanging 1,000 shares, Guardian Media settled at $7, after swapping of 2,759 shares. National Flour concluded trading of 2,051 units at $1.40, One Caribbean Media closed at $8.38, with an exchange of 64,231 stock units and Trinidad Cement ended at $1.98, with 500 units crossing the exchange.

Prices of securities trading are those at which the last trade took place.

JSE Main Market ekes out gain

Grace Kennedy ended at a 52 weeks’ closing high.

The Main Market on the Jamaica Stock Exchange posted modest gains at the close on Thursday even as declining stocks doubled advancing ones but with Grace Kennedy and Victoria Mutual investments hitting record highs.
At the close, the JSE All Jamaican Composite Index advanced 478.62 points to close at 546,009.63, the JSE Market Index gained 402.72 points to end at 497,269.11 while the JSE Financial Index rose 0.23 points to 133.40.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 11 advancing, 22 declining and 14 remaining unchanged. The JSE Main Market activity ended with 42 securities accounting 22,654,582 units valued at $171,374,765 in contrast to 30,283,990 units valued at $380,332,800 from 39 securities on Wednesday.
 Sagicor Select Financial Fund dominated trading with 9.1 million shares for 40 percent of total volume, followed by Wigton Windfarm with 6.6 million units for 29 percent of the day’s trade, and Sagicor Select Manufacturing and Distribution Fund with 2.4 million shares for 10.6 percent of the market’s volume. Sagicor Group with an exchange of 1.5 million shares, for 6.5 percent of the Main Market volume, was the only other stock trading more than one million units.
 The Market closed with an average of 539,395 units for $4,080,352 for each security traded, in contrast to 776,513 units valued at an average of $9,752,123 on Wednesday. The average volume and value for the month to date amounts to 563,186 units at $3,051,311 for each security changing hands, compared to 564,747 units valued at $2,959,713 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
 IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times the 2019 earnings.
In the prime market, Caribbean Cement dropped $4.45 to end at $67.56 after trading 108,571 shares, Eppley closed 60 cents lower to $14.40, with 3,543 stock units changing hands, Eppley Caribbean Property Fund lost 96 cents to settle at $38.04, after swapping 500 units. Grace Kennedy climbed $3.99 to end at a 52 weeks’ high of $79, with an exchange of 19,291 shares, Jamaica Broilers declined $1 to $34 in trading 36,873 shares, Jamaica Producers gained $2.61, rising to $25.84 in transferring 12,959 shares. Jamaica Stock Exchange closed $3.40 higher at $34.95, with 59,326 shares changing hands. JMMB Group dropped $2.30 to $45.20, in swapping 109,721 shares, Kingston Wharves plunged $6 to $65 while trading 17,841 units, Palace Amusement lost $1 to settle at $2,789, after an exchange of 70 units. Proven Investments dropped $4.95 to end at $50, with 52,655 shares traded, Sagicor Group declined $5.25 to $64.74 in transferring 1,478,177 shares, Seprod added 50 cents to settle at $49.50 exchanging 23,123 units. Stanley Motta ended at $5.50, after losing 30 cents, with 760,600 units changing hands and Supreme Ventures settled at $23.20, with a loss of 77 cents exchanging 56,451 shares.
Trading in the US dollar market ended with 188,960 units for US$61,283. The market index dropped 6.56 points to close at 234.98. JMMB Group 5.75% preference share gained 38 US cents to end at US$2.10, with 2,000 units changing hands, Margaritaville Turks lost 2.5 US cents to close at 31.5 US cents in exchanging 100 units. Proven Investments lost 2 US cents to close at 32 US cents trading 175,270 shares, Sterling Investments closed at 3 US cents in exchanging 3,000 units and Sygnus Credit Investments gained half of 1 US cent to close at 17.5 US cents after the transfer of 5,590 shares.

More pressure on Junior Market

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Honey Bun ended at a 52 week’s closing high, on Thursday.

Trading on the Junior Market ended on Thursday with prices of 15 securities advancing, 16 declining and two remaining unchanged. The market Index fell 24.57 points to close at 3,170.85, the lowest point since July 2019.
The market closed with 33 securities changing hands, resulting in an exchange of 10,271,447 units valued at $27,200,810 compared to 2,385,114 units for $6,854,458 from 35 securities on Wednesday. The average PE Ratio of the market ended at 13.4 based on earnings for 2019.
Trading ended with an average of 311,256 units at $824,267 for each security, in contrast to 68,146 units for an average of $195,842 on Wednesday. The average volume and value for the month to date amounts to 165,393 units amounting to $611,189 and previously 165,921 units valued $596,164. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial gained $1.40 to end at $31.90, trading just 140 shares, AMG Packaging exchanged 42,587 shares, after rising 4 cents to end at $2.04, Blue Power closed 10 cents higher at $4.15, with 24,210 stock units changing hands. CAC 2000 dropped $1.50 in exchanging 3,500 shares to close at $13.50, Caribbean Cream ended trading with 1,300 shares, after rising 10 cents to $4.10, Caribbean Producers climbed 19 cents and exchanged 400 shares at $4.99, Derrimon Trading ended market activity with 40,356 shares crossing the exchange to close at $2.21 after falling 35 cents. Elite Diagnostic closed 12 cents higher at $4.50, trading 192,700 stock units, Everything Fresh traded at a record low of 97 cents but closed with a loss of 4 cents at $1.01, in swapping of 428,650 shares, Express Catering fell 7 cents in trading of 26,805 units at $6.11. Fontana closed with 397,098 units changing hands and gained 5 cents to end at $7.10, Fosrich closed 18 cents higher at $4.50, with 329,988 stock units trading, General Accident climbed 24 cents and exchanged 24,152 shares at $6.99, GWest Corporation rose 2 cents and traded 44,533 units at $1.03. Honey Bun traded at an intraday record high of $9.90 in exchanging 441,936 stock units to close at $8.50 after falling 20 cents, iCreate fell 15 cents in trading 585,387 units at 70 cents, Indies Pharma ended with a loss of 1 cent at $2.92 with 89,010 stock units changing hands. Iron Rock Insurance declined 48 cents to settle at $3.50 with an exchange of 500 shares, Jamaican Teas dipped 20 cents in trading 52,900 units at $6.30, Jetcon Corporation traded 101,844 shares and declined by 15 cents to settle at $1.40, Key Insurance lost 70 cents to settle at $3.10. Knutsford Express climbed 19 cents and exchanged 1,319 shares at $9.35, Lasco Distributors ended with a loss of 1 cent at $3.20 with 166,869 stock units changing hands, Lasco Financial declined 8 cents in trading 1,220 units at $4.02, Lasco Manufacturing closed 12 cents higher at $4.30, in trading 66,399 stock units. Lumber Depot fell 5 cents with 707,508 shares changing hands at $1.62, MailPac gained 5 cents to $2.14, with 6,343,722 stock units crossing the exchange, Main Event lost 20 cents in trading 887 shares to close at 6.10 cents. Paramount Trading shed 3 cents in transferring 10,549 units at $1.70, SSL Venture gained 1 cent to end at $1.24, after trading 81,100 shares and Stationery and Office Supplies closed 99 cents higher at $10, with 19,845 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

TTSE slips again on Thursday

First Citizens closed at a 52 weeks’ high on TTSE on Thursday.

The Trinidad & Tobago Stock Exchange closed slipped again on Thursday with increased trading but with more stocks declining than rising.
Trading resulted in an exchange of 225,598 shares, for a sum of $3,601,556 compared to 36,138 shares, amounting to $1,010,495 on Wednesday.
The market closed on Thursday with only 11 securities trading, similar to Wednesday, with three stocks gaining, five declining as the prices of three closed unchanged.
The T&T Composite Index lost 1.01 points to end at 1,486.28. The All T&T Index declined by 0.82 points to 1,888.60, while the Cross Listed Index shed 0.16 points to close at 146.85.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and two with lower offers.
Gains| Clico Investments added 13 cents and closed at $28.25, with 7,295 stock units trading, Ansa McAl increased 5 cents after exchanging 1,164 shares at $55.30, and First Citizens Bank rose 75 cents and ended at an all-time high of $46, with 5,980 stock units changing hands.
Losses| Guardian Holdings fell 48 cents and settled at $21.51, with 57,711 units crossing the exchange, JMMB Group lost 4 cents and ended at $2.66, with investors exchanging 23,036 shares. Massy Holdings fell 49 cents and completed trading of 2,813 stock units at $61.51, Trinidad & Tobago NGL dived $1.40 in trading 9,766 shares and closed at $21.60 and West Indian Tobacco closed with a loss of 19 cents and settled at $41, after swapping 1,405 shares.
Firm Trades| First Caribbean International Bank concluded trading with 523 stock units at $7.85, NCB Financial ended at $11.15 with 115,000 units crossing the exchange and Unilever Caribbean settled at $22.15, with investors exchanging 905 shares.

Prices of securities trading are those at which the last trade took place.

 

7000 points JSE Main Market drop

The Jamaica Stock Exchange Main Market dived sharply on Wednesday with the All  Jamaica Composite Index tumbling 7,018.30 points to close at 545,531.01 and the JSE Market Index declining 6,328.36 points to 496,866.39.
The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 19 advancing, 12 declining and 11 trading firm as the JSE Financial Index lost 2.97 points to 133.17. The PE ratio of the market ended at 20.1, while the Main Market ended at 19.3 times 2019 earnings.
The value stocks trading tripled Tuesday’s level, but the volume was lower, as the market ended with 39 securities changing hands in the Main Market, accounting for 30,283,990 units, valued at $380,332,800, in contrast to 35,465,290 units valued at $125,645,204 from 41 securities on Tuesday.
Wigton Windfarm dominated trading with 9.2 million shares for 30 percent of total volume, followed by Sagicor Select Financial Fund with 7.75 million units for 26 percent of the day’s trade and QWI Investments with 2.4 million shares for 8 percent of the market’s volume. Other stocks trading more than one million units were Caribbean Cement with 1 million units, Jamaica Broilers with 1.1 million shares, Jamaica Producers Group with 1.5 million shares, Jamaica Stock Exchange with 1.2 million, Sagicor Group with 1.14 million and Sagicor Select Manufacturing and Distribution Fund with 1.7 million units.
The Market closed with an average of 776,513 units at $9,752,123 for each security traded, in contrast to 865,007 units at an average of $2,778,194 on Tuesday. The average volume and value for the month to date amounts to 564,747 units valued at $2,959,713 for each security changing hands, compared to 551,005 units valued at $2,487,513 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and four closing with lower offers.
In the prime market, Barita Investments gained $1 to settle at $72 in trading 158,050 units, Eppley Caribbean Property Fund rose to $39 after gaining 97 cents and exchanging 1,000 stock units, Grace Kennedy climbed $2.51 to end at $75.01, with 28,379 shares changing hands. Jamaica Broilers drifted $2 to $35, in swapping 1,115,542 units, Jamaica Stock Exchange lost $1.33 and ended at $31.55, in transferring 1,203,500 stock units, JMMB Group closed 80 cents lower to $47.50 after exchanging 35,156 shares. NCB Financial gained 50 cents to settle at $190, after swapping 142,993 units, PanJam Investment closed at $100.50, after losing 50 cents trading 14,560 shares, Portland JSX added 99 cents to close at $8.99, with 1,000 units changing hands. Proven Investments climbed $5.45 to end at $54.95, in trading 8,166 shares, Pulse Investments gained 44 cents to end at $6.94, in exchanging 43,234 shares, Radio Jamaica closed 36 cents higher to $1.77 after transferring 33,244 shares. Sagicor Group lost 90 cents to end at $70, with an exchange of 1,137,836 shares, Scotia Group dropped $3.50 to close at $54 trading 24,100 shares, Seprod closed $2 higher at $49 exchanging 284,322 units. Stanley Motta closed at $5.80, after gaining 30 cents in swapping 400 units, Supreme Ventures climbed $2.95 and settled at $23.97, after transferring 96,284 shares, Sygnus Credit Investments closed $1.30 higher to $26.90, with 29,288 shares changing hands. Victoria Mutual Investments added $1 to end at a record high of $12.50, in swapping 519,848 shares and in the preference segment, Eppley 8.25% lost 50 cents to close at a 52 weeks’ low of 5.50 after trading 16,000 stock units.
Trading in the US dollar market ended with 8,264 units valued at over US$2,546. The market index lost 0.11 points to close at 241.54. JMMB Group 6% preference share exchanged 461 units at US$1.05, Proven Investments gained 1 US cent to close at 34 US cents trading 5,987 units and Sterling Investments closed at 3 US cents, with 1,816 units changing hands.

More decline for Junior Market

Trading on the Junior Market ended on Wednesday with prices of 15 securities rising, 14 declining and 3 remaining unchanged as the market Index fell by 31.46 points to close at 3,195.42.
The market closed with 35 securities changing hands, resulting in an exchange of 2,385,114 units valued at $6,854,458 compared to 3,722,598 units valued at $11,406,185 from 28 securities on Monday. The average PE Ratio of the market ended at 13.7 based on earnings for 2019.
Trading ended with an average of 68,146 units for $195,842 for each security, in contrast to 132,950 units, for an average of $407,364 on Tuesday. The average volume and value for the month to date amounts to 165,921 units valued at $596,164 and previously 162,137 units valued at $628,523. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, AMG Packaging ended with a loss of 1 cent at $2 with 74,295 stock units changing hands, Blue Power gained 5 cents and exchanged 3,275 shares at $4.05, Cargo Handlers rose by 50 cents to $9.50, with the trading of 4,000 stock units. Caribbean Cream ended with 5,081 shares crossing the exchange, after rising 40 cents to end at $4, Consolidated Bakeries declined by 2 cents to settle at $1.63 after 721 units traded, Everything Fresh climbed 2 cents and exchanged 52,000 shares at $1.05. Express Catering shed 42 cents in trading of 24,414 units at $6.18, Fontana closed 2 cents higher at $7.05, with 138,352 stock units changing hands, Fosrich gained 12 cents to end at $4.32, with an exchange of 5,601 stock units. General Accident closed trading of 4,667 units and gained 39 cents to end at $6.75, GWest Corporation lost 17 cents in trading of 23,500 units at $1.01. Honey Bun closed trading of 11,250 units and gained 20 cents to end at $8.70. Indies Pharma declined 7 cents in swapping 92,855 units at $2.93, Iron Rock Insurance dipped 2 cents in trading of 2,414 units at $3.98, ISP Finance fell by $7.40 to settle at $22.10, Jetcon Corporation ended trading with 49,153 shares, after rising 5 cents to end at $1.55. Key Insurance climbed 2 cents and exchanged 146,242 shares at $3.80, KLE Group ended market activity exchanging 2,113 shares to close at $2.04 after falling 6 cents, Lasco Distributors closed 4 cents higher at $3.21, trading 100 stock units. Lasco Financial ended with 300 shares changing hands, after rising 8 cents to end at $4.10, Lasco Manufacturing ended market activity exchanging 39,572 shares to close at $4.18 after falling 30 cents. Limners and Bards climbed 3 cents and exchanged 29,860 shares at $2.88, Lumber Depot closed with a loss of 3 cents at $1.67, in swapping 438,893 shares. MailPac ended with a loss of 1 cent at $2.09 with 434,121 stock units changing hands, Main Event dipped 10 cents trading 88,629 units at $6.30, Medical Disposables ended trading with 7,000 shares, after rising 5 cents to end at $6.75. Paramount Trading lost 17 cents transferring 39,200 shares to close at $1.73, SSL Venture added 3 cents in exchanging 469,165 shares at $1.23 and Stationery and Office Supplies fell $1.14 in trading 16,974 units to close at $9.01.

Prices of securities trading for the day are those at which the last trade took place.

TTSE lost grounds on Wednesday

The Trinidad & Tobago Stock Exchange closed down on Wednesday as no stock gained while First Caribbean International Bank closed at a 52 weeks’ low.
The market closed with on Wednesday with only 11 securities trading, compared to 16 on Tuesday, with none gaining, two declining as the prices of nine closed unchanged.
The T&T Composite Index lost 1.82 points to close 1,487.29. The All T&T Index shed 2.02 points to 1,889.42, while the Cross Listed Index edged 0.22 points lower to close at 147.01.
Trading resulted in an exchange of a mere 36,138 shares, for a sum of $1,010,495 compared to 206,400 shares, amounting to $3,300,801 on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of eight stocks higher than their last selling prices and two with lower offers.
The market closed with no stock recording gains.
Losses| First Caribbean declined 5 cents and concluded at 52 weeks’ low of $7.85, with 328 units crossing the exchange and West Indian Tobacco ended trading 1 cent lower to settle at $41.19, with 100 stock units trading.
Firm Trades| Angostura Holdings settled at $16.17, with 1,188 units crossing the exchange, Clico Investments completed trading of 13,200 units at $28.12, First Citizens Bank ended at $45.25, with 5,080 stock units changing hands. Guardian Holdings closed at $21.99, with investors exchanging 1,000 shares, JMMB Group ended at $2.70, with 1,800 stock units changing hands, Massy Holdings completed trading at $62, with the swapping of 794 units. NCB Financial ended at $11.15 while trading 1,088 shares, Scotiabank finished trading at $62.00, with investors exchanging 949 shares Trinidad & Tobago NGL transferred 10,611 shares and closed at $23.

Prices of securities trading are those at which the last trade took place.

Junior Market trading rise prices fall

Trading on the Junior Market ended on Tuesday with prices of 10 securities rising, 15 declining and 3 remaining unchanged as the market Index slipped 8.19 points to close at 3,226.88.
The market closed with 28 securities changing hands, resulting in an exchange of 3,722,598 units valued at $11,406,185 compared to 3,592,718 units valued at $9,412,656 from 32 securities on Monday. The average PE Ratio of the market ended at 14 based on earnings for 2019.
Trading ended with an average of 132,950 units for an average of $407,364 in contrast to 112,272 units for an average of $294,146 on Monday. The average volume and value for the month to date amounts to 162,137 units valued at $628,523 and previously 164,155 units valued at $643,813. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Blue Power ended with a loss of 40 cents, in swapping 94,349 shares to close at $4, Caribbean Producers lost 8 cents in trading of 20,500 units at $4.80, Dolphin Cove declined 20 cents in exchanging 10,000 stock units at $11.40. Derrimon Trading closed 26 cents higher at $2.56, with 54,048 stock shares changing hands, Everything Fresh dipped 2 cents with 44,000 units crossing the exchange to end the day at $1.03, Elite Diagnostic fell 12 cents in trading of 105,109 units at $4.38. Fontana lost 7 cents trading 99,210 shares to close at $7.03, Fosrich shed 5 cents in swapping 12,700 units at $4.20, GWest Corporation closed 7 cents higher at $1.18, with 1,600 stock units trading. Honey Bun closed trading of 213,302 units and gained 30 cents to end at $8.50, iCreate closed 10 cents higher at 85 cents, with 207,261 stock units trading, Indies Pharma ended with a loss of 6 cents at $3 in the swapping of 6,964 shares, Jamaican Teas dipped 19 cents, trading 142,152 units at $6.50. Jetcon Corporation declined by 15 cents to settle at $1.50 with 11,497 shares crossing the exchange, Key Insurance ended trading with 512,969 shares, after rising 8 cents to end at $3.78, Knutsford Express closed trading of 987 units and gained 5 cents to end at $9.16. Lasco Distributors closed 1 cent higher at $3.17, with 36,799 stock units trading, Lasco Financial shed 28 cents in trading of 2,734 units at $4.02, Lasco Manufacturing climbed 17 cents and exchanged 101,737 shares at $4.48, Limners and Bards fell 14 cents in trading 29,418 units at $2.85. Lumber Depot declined 10 cents to settle at $1.70 while exchanging 491,831 units, MailPac closed trading of 740,424 units and gained 3 cents to end at $2.10. Main Event lost 10 cents in trading 49,160 shares to close at $6.40, Medical Disposables fell 89 cents in trading of 19,000 units at $6.70 and tTech ended exchanging 9,400 shares, after rising 10 cents to end at $5.60.

Prices of securities trading for the day are those at which the last trade took place.

Sharp surge in JSE Main Market

Kingston Wharves jumped $9.40 on Tuesday.

The major indices of the Jamaica Stock Exchange surged substantially at the close on Tuesday as Kingston Wharves led price movement with a gain of $9.40 and heavy weighted Scotia Group rose $1.
At the close, the JSE All Jamaican Composite Index soared 8,517.00 points to close at 552,549.31, the JSE Market Index surged 7,718.70 points to 503,194.75 and the JSE Financial Index rose 1.81 points to 136.17.
The market closed with 43 securities changing hands in the Main and US dollar markets with the prices of 15 advancing, 18 declining and 10 trading firm. The JSE Main Market activity ended with 41 securities accounting 35,465,290 units valued at $125,645,204 in contrast to 17,412,213 units valued at $219,477,578 from 42 securities on Monday.
Wigton Windfarm dominated trading with 22.2 million shares for 62 percent of total volume, followed by Sagicor Select Financial Fund with 6.2 million units for 17 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 2.24 million shares for 6 percent of market share. QWI Investments with 1.56 million units changing hands was the only other company trading more than one million shares.
The Market closed with an average of 865,007 units valued at an average of $3,064,517 for each security traded, in contrast to 414,576 units valued at an average of $5,225,657 on Monday. The average volume and value for the month to date amounts to 551,005 units valued at $2,508,438 for each security changing hands, compared to 528,016 units valued at $2,464,544 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times 2019 earnings.
In trading, Barita Investments closed $1 lower to $71, with an exchange of 8,804 units, Berger Paints lost 49 cents to end at $16.51, trading 14,350 shares, Caribbean Cement settled at $72, losing $1 in swapping 5,500 units. Carreras lost 31 cents to close at $7.98, with 364,936 shares changing hands, Grace Kennedy gained 50 cents after transferring 17,959 shares and ending at $72.50, Jamaica Broilers closed at $37, after losing $1 trading 77,652 shares. Jamaica Producers settled at $23, with a loss of $1.61 in swapping 132,056 units, Jamaica Stock Exchange added 88 cents and closed at $32.88, after exchanging 24,557 shares, JMMB Group gained 30 cents to close at $48.30 trading 77,725 shares. Kingston Wharves jumped $9.40 to $71, with 7,780 units changing hands, NCB Financial traded 39,634 units for a loss of 50 cents to settle at $189.50, PanJam Investment ended at $101, with a loss of $1 in trading 31,334 shares. Portland JSX closed 30 cents higher at $8, after swapping 1,500 units, Proven Investments added 50 cents to end at a record closing high of $49.50, with an exchange of 20,981 shares, Radio Jamaica lost 48 cents to settle at $1.41, with 246,227 shares changing hands. Sagicor Real Estate Fund ended 60 cents lower to close at $9 while trading 183,700 shares, Scotia Group added $1 to close at $57.50, after swapping 563,570 shares, Seprod dropped $2.95 to end at $47 while trading 11,255 units. Supreme Ventures tumbled to $21.02, after falling $3.98 and exchanging 56,530 shares, Sygnus Credit Investments closed $1.15 lower to $25.60, with 31,627 shares changing hands and Victoria Mutual Investments rose to a record high of $11.50, with a gain of 54 cents to end at $11.50, as 337,888 shares crossed the exchange.
Trading in the US dollar market ended with 25,611 units valued at over US$4,730. The market index climbed 4.19 points to close at 241.65. Proven Investments gained 1.5 US cents to close at 33 US cents trading 2,218 shares and Sygnus Credit Investments ended 2 US cents higher to settle at 17 US cents with 23,393 units changing hands.